A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory 0 Units produced 4,400 Units sold 4,300 Units in ending inventory 100 Variable costs per unit: Direct materials Direct labor $49 $51 Variable manufacturing overhead $14 Variable selling and administrative $12 Fixed costs: Fixed manufacturing overhead $92,400 Fixed selling and administrative $43,000 What is the variable costing unit product cost for the month? A. $126 per unit B. $147 per unit C. $114 per unit D. $127 per unit

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 21E: Ellerson Company provided the following information for the last calendar year: During the year,...
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A manufacturing company that produces a single product has provided the following data concerning
its most recent month of operations:
Units in beginning inventory 0
Units produced
4,400
Units sold
4,300
Units in ending inventory
100
Variable costs per unit:
Direct materials
Direct labor
$49
$51
Variable manufacturing overhead $14
Variable selling and administrative $12
Fixed costs:
Fixed manufacturing overhead $92,400
Fixed selling and administrative $43,000
What is the variable costing unit product cost for the month?
A. $126 per unit
B. $147 per unit
C. $114 per unit
D. $127 per unit
Transcribed Image Text:A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory 0 Units produced 4,400 Units sold 4,300 Units in ending inventory 100 Variable costs per unit: Direct materials Direct labor $49 $51 Variable manufacturing overhead $14 Variable selling and administrative $12 Fixed costs: Fixed manufacturing overhead $92,400 Fixed selling and administrative $43,000 What is the variable costing unit product cost for the month? A. $126 per unit B. $147 per unit C. $114 per unit D. $127 per unit
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